• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
Ripple, Crypto

Ripple Co-Founder Explains $11 Million In XRP Donations To Kamala Harris’ Campaign

Rubmar Garcia
by Rubmar Garcia
11 months ago
·
Posted in Ripple
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As the US presidential elections near, Ripple co-founder Chris Larsen revealed the reason for supporting the US Vice President and Democratic nominee Kamala Harris. Larsen became the largest single donor of the crypto industry this election cycle after his two XRP donations to Harris’ campaign earlier this month.

Related Reading: Bitcoin Leads Crypto Investment Product Inflows With $920 Million Added Last Week – Report

Kamala Harris To Have A ‘Completely Different Approach’

Chris Larsen, co-founder and executive chairman of Ripple, recently joined CNBC to discuss his endorsement and crypto donations to the campaign of the Democratic candidate Kamala Harris.

During the interview, Larsen asserted that his support for VP Harris was based on the belief that her administration would approach the crypto industry differently than the Biden administration.

Ripple’s co-founder suggested that Biden’s administration wasn’t against the industry. Instead, they “didn’t pay attention” and gave the reigns of the sector’s regulatory approach to figures like Senator Warren and Securities and Exchange Commission (SEC) Chairman Gary Gensler.

Larsen noted that Senator Elizabeth Warren led a “misguided war on crypto,” which resulted in London and Singapore taking the industry’s leadership “when it should have been in the US.”

Moreover, the heavily criticized regulation-by-enforcement approach failed to protect US-based investors, allowing “sketchy foreign operators like FTX to rip off American consumers.”

Ripple’s executive chairman shared his excitement for Harris’ economic message, noting that the US VP has met with several figures from different industries, including the crypto sector. To Larsen, the Democratic nominee’s message is “pro-innovation,” seeking to ensure that “American champions dominate their industries” worldwide.

He also suggested that the Harris administration’s DNA is “from the world capital of innovation,” which gives him the confidence that it will be a completely different approach than the failed Biden administration brought.

Ripple Co-Founder’s Continued Support Of Harris’ Campaign

It’s worth noting that while many crypto experts and figures have championed Donald Trump’s pro-industry stance, Larsen joined Mark Cuban and publicly advocated for the US Vice President. As reported by Bitcoinist, the Ripple co-founder, alongside another eighty-seven corporate leaders, endorsed Kamala Harris in early September after signing a letter disclosing their support.

This month, he continued to support Harris’ campaign after donating around $11.8 million in XRP to the candidate’s Super Political Action Committee (PAC), Future Forward USA, and becoming the largest single crypto donor this campaign cycle.

On October 11, Ripple’s executive chairman sent $1 million worth of XRP to Future Forward, marking the first documented crypto donation to the Super PAC. This was followed by a $10 million donation on October 21, with Larsen stating his belief that “Kamala Harris will ensure that American technology dominates the world.”

Since then, Larsen has vouched for the Democratic nominee, claiming that “it’s time for the Democrats to have a new approach including crypto.” During the CNBC interview, he stated that the crypto war is over as American investors will see bipartisan support from whoever wins the November election.

I think the good news now is that we see this sort of bipartisan support from whoever wins the white house. Whether it is Republicans or Democrats, I think the war in crypto is over, and we want to encourage pro-digital asset political leaders.

This seems to be a growing sentiment within the industry, with figures like Pro-XRP Lawyer John Deaton challenging Senator Warren’s seat in the Senate. Meanwhile, investors have remarked that the sector is “non-partisan” and that users should force both sides “to come to heel” as crypto will triumph regardless of the party.

Related Reading: Ripple Vs. SEC Battle: Is The Regulator Trying To Delay A Conclusion Into 2025?

Ripple, XRP, XRPUSDT

XRP is trading at $0.52 in the three-day chart. Source: XRPUSDT on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Rubmar Garcia

Rubmar Garcia

Follow

Rubmar is a crypto enthusiast who likes learning and improving constantly. She enjoys reporting on the latest news and developments in the crypto industry. Rubmar also enjoys scrapbooking, crafting, simulation games, and watching football.

Full Profile

Related Posts

Ripple

Is Ripple About To Overtake Ethereum? There Are More XRP Treasury Companies Than You Think

22 hours ago
Ripple

Ripple-Backed Evernorth Targets $1 Billion Raise In US IPO For XRP Reserve

3 days ago
Ripple

Ripple CTO Clears Out Possible Manipulation Rumors Surrounding The UNL On The XRP Ledger

4 days ago
Ripple

Pro-XRP Lawyer Reveals What Ripple’s Latest Announcement Means

6 days ago
Ripple CEO SEC

Ripple CEO Blows The Whistle On Major Gap Between Traditional Finance And Crypto

1 week ago
Ripple

Ripple Expands Corporate Treasury Reach With $1 Billion Acquisition Of GTreasury

1 week ago

Premium Sponsors

Press Releases

  • Snorter Bot...

    11 hours ago
  • ORIGIN Protocol's LGNS Achieves Historic Milestone: Liquidity Tops $194 Million, Reclaiming Title as Global Leader in DeFi

    ORIGIN Protocol’s LGNS Achieves Major Milestone...

    2 days ago
  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    2 days ago
  • Maxi Doge

    Защо Maxi Doge може да се окаже...

    2 days ago
  • 挖 1 枚比特幣耗電可供 61...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.